Busisol Sourcing (India) Private Limited

Job Code	: JN/CHN19042023
Function area	: Finance & Account
Contact Person	: Mr Karthik
Industry type	: Mining & Steel
Position	: AGM-Finance & Account/Banking-Mumbai
Work Experience	: 10 to 18
Status	: active
Hiring Role	: AGM-Finance & Account/Banking-Mumbai
Response Ph/Mob	: 9791876677
Response Email 1	: karthik@busisol.net
Date	: 18-Apr-2023
End Date	: 31-May-2023
Skill category	: taxation,Fund Management, Budgeting ,Financial Planning & Management ,Fund raising,Forex,Cashflow Management,MIS,Treasury Management Systems,financial
CTC Range	: 25 LPA
Show CTC range in portal	:
Posted by	: karthik
Email	: karthik@busisol.net
Job description	: Education: CA/ICWA(Qualified) Experience: 12 to 15 Yrs CTC: 25 LPA This position is responsible to lead the Finance & Accounts for Mumbai Office, corporate-bank relationships for corporate, taxation and related taxation matters and legal, coordination with auditors in coordination with Corporate Office. • • The essential duties and responsibilities include the following. Finance & Accounts • • Financial Planning & Management of the group. • • Fund Management & Budgeting • • Project Evaluation • • Management of Accounts & Costing • • Banking operations and coordination with financial institutions and Banks • • Management audit and risk management • • Managing corporate affairs, interaction and interface with senior group company executives for driving the overall business/financial goals • • Finalization of statements of accounts complying with accounting standards • • Attending statutory auditors and internal auditors • • Optimization of funds utilization, accounting & monitoring of projects/ capital • assets • • Tax planning and management of direct and indirect taxes • • Working capital management • • To prepare annual financial statements in accordance with international accounting and auditing standards. • • To maintain and develop accounting financial systems and internal controls to ensure compliance with accounting standards, tax and regulatory requirements. • • To ensure that recommendations by Auditor General’s Office or external auditors through the audit Management Letter are implemented effectively. Banking relationship: • • Responsible for creating an adequate and effective representation of the organization to Banks for Tie-up / Utilization of Credit Limits and handling banking documentation for short term and long term borrowings for Intas and its subsidiaries. • • Working knowledge for Consortium related documentation, compliances and relationship management • • Business projections and related CMA preparations Credit Ratings: • • Ensuring submission of relevant information to credit rating agency • • Coordinating with internal teams for compilation of required information including location visits Fund raising: • • Negotiate judicious mix of funding sources to address short term funding requirements for Intas and its subsidiaries. • • Receivables Factoring for company and overseas Subsidiaries • • ECB raising and compliances related to servicing of the same till final repayment • Forex: • Working knowledge of Forex exposure hedging • Working knowledge for FEMA/RBI compliances for outward remittances Import and FC remittances. • • Working knowledge of FEMA related reporting to banks. Cashflow Management: • • Management of Working Capital to minimize Interest Costs • • Identification of investment avenues and deployment of surplus funds on regular basis to generate optimum return aligned to management approvals MIS: • • Daily, monthly and annual Cash flow Preparation and Forecasting • • Annual, Quarterly and monthly - Fund planning and budgeting • • Preparation of Stock and Receivables Statement and handling Stock and Receivables Audit. • • Preparation and submission of treasury reports on borrowings and other treasury related functions for senior management and board • • Sharing treasury related information in due diligence process • • Sharing information with banks for new credit limits and renewal of existing limits Operations : • • Coordination for Global Account opening and Online Bank right allocation. • • Coordination for Corporate Credit Card Program. • • Ensuring Foreign Outward Remittances (A1 (Import) and A2 (Service) Transactions including ODI remittances) • • Managing Non fund based transactions i.e. Letter of Credit (LC), Bank Guarantee (BG) and Standby Letter of credit (SBLC) • • Accounting and handling audit of Treasury Transactions related to borrowings and NFB transactions. • • Any other work assigned to you on time to time basis. •
Uploaded Date	: 19-Apr-2023

Apply